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Malawi Commits to Prevent Illicit Capital Flight (Record no. 403)

000 -LEADER
fixed length control field 01262nam a22001217a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Nyasa Times
245 ## - TITLE STATEMENT
Title Malawi Commits to Prevent Illicit Capital Flight
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Blantyre:
Name of publisher Nyasa Times,
Year of publication 2013.
520 ## - SUMMARY, ETC.
Summary, etc Malawi made the commitment to prevent illicit capital flight during the African Commission on Human and People’s Rights 53rd Ordinary Session, held, in the Gambia through adoption of resolution 236 on Illicit Capital Flight from Africa. The resolution calls on nations to put in place rules and regulations to curb capital flight from the continent.Malawi has committed to examine its national tax laws and policies towards preventing illicit capital flight. Currently, Malawi ranks 75th out of 143 countries for largest average illicit financial flow estimates for 2001 to 2010. Malawi has lost USD 4,691 million between 2001 and 2010 due to illicit financial flows where Companies and individuals are able to avoid paying taxes by shifting large sums of money from one jurisdiction to another.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term CAPITAL FLIGHT, CAPITAL OUTFLOW, TAX HAVENS, TAXES
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://iffoadatabase.trustafrica.org/iff/malawi_commits_to_prevent_illicit_capital_flight___malawi_nyasa_times_–_malawi_breaking_news_in_malawi.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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